Proposal: Public Registry of Property supported by non-fungible tokens (NFT)

Abstract

In this work a guide is proposed, introducing the idea of alternative implementation of blockchain technology to the popularized use as a currency. As an axis of the guide, the use and support of non-fungible token technology (NFT) for the Public Property Registry (RPP) is presented, as an example, which allows us to conceive the different technological and non-technological aspects that the use of this technology would involve in contexts such as the one explained. The research of the technological fund, the institutional-legal fund, and the techno-institutional-legal is exposed, this to holistically foresee the implications that would have the use of the registry transactions of the RPP through a blockchain supported by NFT tokens. Subsequently, and based on the set of variables, the interdisciplinary research problem is externalized, while summarizing the proposal and discussing its derivations and findings. Finally, it concludes by giving an account of the main challenges and guidelines in which any organization or institution with characteristics analogous to the RPP that seeks a digital transformation and innovation in the near future will have to work.